Ken Griffin shares the concern many anxious white-collar workers have about artificial intelligence. Once-stable and well-paid jobs will be made obsolete, such as translators, by the technology, the billionaire founder of $77 billion hedge fund Citadel and market maker Citadel Securities said on Tuesday. The US should begin embracing “reskilling” to help people who may
Ken Griffin says his hedge fund has de-risked the majority of the Situational Awareness portfolio it acquired, according to a letter to investors obtained by Business Insider. The Citadel boss updated clients on the performance of Citadel Wellington Fund, the firm’s flagship multi-strategy fund that purchased a large portion of Situational Awareness’s investments last month
